European economy

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Gelişiyor

Dünya·07.07.2026AI özeti

Lavrov: European Economy Falling into Dire State, Social Sphere Suffering

Russian Foreign Minister Sergey Lavrov stated that the European economy, including Germany's, is in a dire state, with social benefits being cut and businesses relocating to more favorable conditions in the US. He noted that budget funds infused into arms production are currently sustaining the economy.

TASS

UK Competition Watchdog Declares Mandatory Fees Unfair Under Consumer Law

HABER

11.06.2026AI özeti

UK Competition Watchdog Declares Mandatory Fees Unfair Under Consumer Law

The UK's competition watchdog has ruled that mandatory fees are unfair under consumer law, potentially impacting various industries and consumer contracts.

The Verge

European Economy Struggles, Manufacturing Sector Faces Difficulties

Gelişiyor

Business·03.06.2026AI özeti

European Economy Struggles, Manufacturing Sector Faces Difficulties

Europe's economy is struggling, with manufacturing hit hard by the war in Iran and the closure of the Strait of Hormuz. While Germany nears stagnation, Italy's manufacturing accelerates. The Eurozone's GDP may fall 0.1% this quarter, yet the ECB plans to raise rates in June.

Sky TG24